Tecnoglass Q2 Adj EPS $1.12 Beats $0.98 Estimate, Sales $225.28M Beat $208.90M Estimate
Portfolio Pulse from Benzinga Newsdesk
Tecnoglass reported Q2 adjusted earnings of $1.12 per share, beating the analyst consensus estimate of $0.98 by 14.29%. This is a 62.32% increase from the same period last year. The company also reported quarterly sales of $225.28 million, beating the analyst consensus estimate of $208.90 million by 7.84%, a 33.20% increase from the same period last year.
August 08, 2023 | 11:06 am
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POSITIVE IMPACT
Tecnoglass reported better than expected Q2 earnings and sales, which could positively impact its stock price.
Tecnoglass reported Q2 earnings and sales that beat analyst estimates, which is typically a positive signal for the stock. The significant increases in both earnings and sales from the same period last year further strengthen this positive outlook.
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